FX.co ★ Top 7 staking cryptocurrencies

NEO

The first place goes to the popular NEO project created in 2014. Its blockchain network is based on a modified Proof-of-Stake system. The NEO platform was the first to become decentralized. It is generally known as China’s version of Ethereum. The coin is designed for open-source smart contracts. In addition to its own cryptocurrency, this project has a token called GAS (ANC-Altcoins). By holding NEO in crypto wallets, traders can earn GAS tokens.

Tezos (XTZ)

The Tezos cryptocurrency (XTZ) is ranked second on the list of the most profitable staking coins. Experts deem it one of the best digital currencies suitable for such a type of generating income. The new Tezos blockchain project quickly found favor with crypto enthusiasts. The recent ICO allowed Tezos to raise $232 million and therefore enhance its influence in the cryptocurrency sphere.

DASH

The third place in the ranking of the top 7 profitable staking cryptocurrencies in 2021 is occupied by DASH. This unique digital asset is a fork of Bitcoin. DASH is a security-focused token with core features that include complete control over privacy. It offers high transaction speed thanks to InstantSand and PrivateSand technologies. The project makes it possible to easily earn dividends by managing masternodes. To run a masternode, the node must store 1,000 DASH coins. The value of one coin is $150.

QTUM

The fourth place on this list is taken by QTUM, an open-source decentralized cryptocurrency network. This coin is a hybrid of Ethereum and Bitcoin. Notably, the staking of QTUM with an annual reward of 6% and no fees is supported by the Atomic Wallet and Guarda crypto wallets.

CUTcoin (CUT)

The fifth position in the ranking of the most profit-making staking cryptocurrencies goes to CUTcoin (CUT). This virtual asset is considered one of the most revenue-generating. The CUTcoin cryptocurrency is based on an environmentally friendly Proof-of-Stake consensus algorithm. It uses some cryptography encryption forms of the Monero network. Traders can bet on this asset through a crypto wallet or the CUTcoin staking pool. The reward is 25% of the bet.

Cosmos (ATOM)

Cosmos, a cryptocurrency cross-chain project, is ranked sixth. It was developed by the Tendermint team in 2016. Cosmos aims to create the so-called "Internet of blockchains" based on the transfer of ATOM tokens. The long-term goal of the project is to build up a deeply integrated ecosystem of tokenomics. The first cross-chain hub of this ecosystem is Cosmos Hub. The ATOM token is considered the best payment method. It can be used for spam prevention, staking dividends, and community management voting. At the moment, the reward is 8.32% per annum.

Stellar (XLM)

The Stellar blockchain network created in 2014 closes the ranking of the top 7 best staking cryptocurrencies. The project has its own digital currency, Lumen (XLM). Stellar enables faster and more efficient cross-border payments relative to banking systems. Coin holders can stake their coins through cryptocurrency wallets or exchanges and receive a reward of 1% per annum.